Word: indexers
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Dates: during 1950-1959
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...visit to the stables of Santa Anita race track, Turfwoman Elizabeth Arden Graham stopped to pet one of her surest stakes winners ($349,642 in 1957), Jewel's Reward, got no reward herself: the surly four-year-old chomped hard, nipped off the end of her right index finger...
...heat, it's the humidity," the U.S. Weather Bureau has finally decided to warn-or at least try to warn-people when a particularly sticky day is in the offing. By the time next summer's heat and humidity come along, the forecaster will have a "discomfort index" that combines both the air's temperature and the amount of moisture in it. Under the formula, explains Climatologist Earl C. Thorn, a discomfort figure of 75 might mean 80° temperature and 60% relative humidity, or it could mean 85° temperature and 30% relative humidity...
...last week. As trading on the New York Stock Exchange boiled up between 3,900,000 and 4,800,000 shares daily, Dow-Jones industrials hit a peak of 611.87, or 175 points above the 436.89 low of a year ago. Not even tough news could jolt it. The index gave up only 2.35 points on the Federal Reserve Board's discount-rate hike (see above), closed...
Despite the rising demand, the consumer price index inched up only one-tenth of 1% in January, to 123.8% of the 1947-49 average, still below the peaks of last July and November. The price index has ridden on a plateau for the past nine months, the longest period of price stability since the U.S. started to compile monthly figures...
Despite the talk of inflation, U.S. prices are remarkably steady. The Bureau of Labor Statistics wholesale-price index last week stood at 119.4% of the 1947-49 average, a shade above the December level and only a fraction above a year ago. Several major raw materials even registered sharp decreases. Lead was marked down from 12? to 11? per Ib. when the metal piled up despite import quotas. Because of a worldwide glut in oil, British Petroleum Co. lopped 18? per bbl. off the price of Mideast oil. Creole Petroleum cut 5? to 15? off the price of Venezuelan...